New Zealand Gazette – 2008 – No. 29

Page 624

✨ Financial Statements

WEL NETWORKS LIMITED

Statements of Cash Flows

For the year ended 31 March 2007

	Line Business 2007 ($000s)	Line Business 2006 ($000s)
Cash Flows From Operating Activities
Cash received from operations
Receipts from customers	57,157	54,210
Interest received	513	837
Total cash received from operations	57,670	55,047

| Cash disbursed on operations |
| Payments to employees and suppliers | | (26,574) | (25,125) |
| Interest paid | | (3,205) | (4,130) |
| Income tax paid | | (3,742) | (1,504) |
| Total cash disbursed on operations | | (33,521) | (30,759) |

| Net cash flow from operations |
| (refer to reconciliation below) | | 24,149 | 24,288 |

| Cash Flows From Investing Activities |
| Cash received from investing activities |
| Sale of fixed assets | | - | - |
| Investments maturing | | - | - |
| Total cash from investing activities | | - | - |

| Cash disbursed on investing activities |
| Investments made | | - | - |
| Fixed asset purchases | | (34,621) | (27,984) |
| Total cash disbursed on investing activities | | (34,621) | (27,984) |

| Net cash flow applied to/(from) investing activities | | (34,621) | (27,984) |

| Cash Flows From Financing Activities |
| Cash received from financing activities |
| Loans raised | | - | - |
| Total cash received from financing activities | | - | - |

| Cash disbursed on financing activities |
| Loans repaid | | - | - |
| Dividend Paid | | - | - |
| Total cash disbursed on financing activities | | - | - |

| Net cash flow applied to/(from) financing activities | | - | - |

| Net increase/(decrease) in cash held | | (10,472) | (3,696) |
| Cash at the beginning of the year | 6 | 18,031 | 21,727 |
| Cash at the end of the year | | 7,559 | 18,031 |

VUW Te Waharoa — NZ Gazette 2008, No 29

Gazette.govt.nz — NZ Gazette 2008, No 29

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

🏭 Financial Performance and Equity Movements of WEL Networks Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial statements, Cash flows, Operating activities, Investing activities, Financing activities, Revenue, Expenses, WEL Networks Limited

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